The incubator could avoid profitability equally well by not charging startups at all. So capital structure and tax incentives are irrelevant in that sense, leav

The incubator could avoid profitability equally well by not charging startups at all. So capital structure and tax incentives are irrelevant in that sense, leaving the question of why startups are being charged more than 8000 USD EACH MONTH in fees and whether they are getting a good deal. I personally consider it deceptive for any incubator to ask a participant to pay for things the incubator positions as free support (i.e. use of "our" office space). And it is perfectly valid to call out any business as predatory when its behavior seems purposefully structured to confuse customers about how much they are paying and what they get for it.